Browse content similar to 22/11/2017. Check below for episodes and series from the same categories and more!
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An upbeat Chancellor delivers his | 0:00:04 | 0:00:07 | |
Budget but against the backdrop | 0:00:07 | 0:00:08 | |
of a slowing economy. | 0:00:08 | 0:00:09 | |
Philip Hammond made some
eye-catching give-aways | 0:00:09 | 0:00:11 | |
despite productivity being down
and growth forecasts reduced. | 0:00:11 | 0:00:17 | |
A Britain we can be proud of,
a country fit for the future. | 0:00:17 | 0:00:22 | |
I know we will not build it
overnight, but in this Budget today | 0:00:22 | 0:00:25 | |
we will lay the foundations. | 0:00:25 | 0:00:30 | |
They call this a Budget
fit for the future. | 0:00:30 | 0:00:39 | |
The reality is, this is a Government
no longer fit for office. | 0:00:39 | 0:00:42 | |
Stamp duty for first-time buyers
on properties up to £300,000 will be | 0:00:42 | 0:00:45 | |
scrapped except in Scotland -
experts are warning it | 0:00:45 | 0:00:47 | |
could put house prices up. | 0:00:47 | 0:00:51 | |
We'll bring you all the details
of the Budget and who are | 0:00:51 | 0:00:54 | |
the winners and losers. | 0:00:54 | 0:00:55 | |
Also tonight: | 0:00:55 | 0:00:57 | |
SHOUTING. | 0:00:57 | 0:00:58 | |
Mr Mladic, sit. | 0:00:58 | 0:00:59 | |
Mr Mladic, sit. | 0:00:59 | 0:01:00 | |
Guilty of genocide -
the ex-Bosnian Serb commander behind | 0:01:00 | 0:01:03 | |
Europe's worst single atrocity
since World War II. | 0:01:03 | 0:01:12 | |
CHEERING | 0:01:12 | 0:01:13 | |
MUSIC PLAYS | 0:01:13 | 0:01:14 | |
And the next president of Zimbabwe, | 0:01:14 | 0:01:16 | |
Emmerson Mnangagwa, is back
in the country and will be | 0:01:16 | 0:01:18 | |
sworn in on Friday. | 0:01:18 | 0:01:19 | |
And coming up on Sportsday
on BBC News: | 0:01:19 | 0:01:21 | |
Countdown to midnight -
the Ashes Series gets underway. | 0:01:21 | 0:01:23 | |
England captain Joe Root says
they're ready to go. | 0:01:23 | 0:01:25 | |
Good evening and welcome
to the BBC News At Six. | 0:01:44 | 0:01:48 | |
A Britain fit for the future -
that's what the Chancellor has | 0:01:48 | 0:01:51 | |
promised in today's budget. | 0:01:51 | 0:01:54 | |
It had a few giveaways
but was delivered | 0:01:54 | 0:01:57 | |
against the backdrop of a faltering
economy with lower than expected | 0:01:57 | 0:01:59 | |
growth and falling productivity. | 0:01:59 | 0:02:01 | |
Among Philip Hammond's
announcements: From now, | 0:02:01 | 0:02:05 | |
first-time buyers in England,
Wales and Northern Ireland | 0:02:05 | 0:02:07 | |
will pay no stamp duty
on homes up to £300,000, | 0:02:07 | 0:02:10 | |
more in London. | 0:02:10 | 0:02:11 | |
Scotland has a different system. | 0:02:11 | 0:02:12 | |
For the NHS in England,
the Chancellor promised an extra | 0:02:12 | 0:02:14 | |
£1.6 billion over the next year,
though that's still short | 0:02:14 | 0:02:17 | |
of what the NHS says it needs. | 0:02:17 | 0:02:22 | |
The wait for the welfare benefit
Universal Credit which has attracted | 0:02:22 | 0:02:24 | |
criticism from both sides
of the House has been reduced | 0:02:24 | 0:02:27 | |
from six weeks to five. | 0:02:27 | 0:02:31 | |
But it's all set against a downgrade
in how much the economy is expected | 0:02:31 | 0:02:34 | |
to grow over the next five years,
with growth in 2017 alone | 0:02:34 | 0:02:37 | |
cut from 2% to 1.5%. | 0:02:37 | 0:02:39 | |
The Labour leader Jeremy Corbyn said
the Budget would unravel within days | 0:02:39 | 0:02:42 | |
and "misery would continue
for people across the country". | 0:02:42 | 0:02:44 | |
Our political editor
Laura Kuenssberg now | 0:02:44 | 0:02:46 | |
on the facts and figures,
the winners and losers | 0:02:46 | 0:02:48 | |
in today's budget. | 0:02:48 | 0:02:55 | |
Almost ready to go - a big day for
Downing Street. Whose script for | 0:02:55 | 0:03:03 | |
months has been shaky, to say the
least. Feeling the press, | 0:03:03 | 0:03:08 | |
Chancellor? The priority for number
ten and number 11, those powerful | 0:03:08 | 0:03:12 | |
next-door neighbours... Is this a
make or break Budget? Was voted a | 0:03:12 | 0:03:16 | |
cosmic events not to slip, to keep
the Budget tightly their grasp. -- | 0:03:16 | 0:03:29 | |
was for today's events not to slip.
He knew that the own delight -- his | 0:03:29 | 0:03:34 | |
own job would be shaped by what he
had to say. A cheery start than Mr | 0:03:34 | 0:03:41 | |
Hammond's usual demeanour suggest. I
report today on an economy that | 0:03:41 | 0:03:47 | |
continues to grow, continues to
create more jobs than ever before, | 0:03:47 | 0:03:51 | |
and continues to confound those who
seek to talk it down. In this | 0:03:51 | 0:03:56 | |
Budget, we express our resolve to
look forward not backward. Yet, with | 0:03:56 | 0:04:00 | |
Brexit hanging over him, the risks
of no deal with the rest of the EU | 0:04:00 | 0:04:05 | |
are real and expensive. Today, I am
setting aside over the next two | 0:04:05 | 0:04:12 | |
years another £3 billion, and I
stand ready to allocate further sums | 0:04:12 | 0:04:17 | |
if and when needed. He wasn't
gambling with his ability to get | 0:04:17 | 0:04:21 | |
through the speech. Remember hers? I
did take the precaution of asking my | 0:04:21 | 0:04:26 | |
right honourable friend to bring a
packet of cough sweets, just in | 0:04:26 | 0:04:29 | |
case. But he had to reflect the
worry felt by many around the | 0:04:29 | 0:04:38 | |
country, and confessed to the fact
that the economy will be sluggish | 0:04:38 | 0:04:42 | |
for longer, the country overall less
wealthy for years. The first time | 0:04:42 | 0:04:47 | |
there has been this kind of
prediction since 1983. They revised | 0:04:47 | 0:04:52 | |
down the outlook for productivity
growth, business investment and GDP | 0:04:52 | 0:04:57 | |
growth across the forecast period.
What ministers want you to year is | 0:04:57 | 0:05:01 | |
their promise to spend billions more
to get house-building going, and to | 0:05:01 | 0:05:05 | |
make it cheaper to buy the first
time. When we say we will revive the | 0:05:05 | 0:05:09 | |
homeowning dream in Britain, we mean
it. We do not underestimate the | 0:05:09 | 0:05:15 | |
scale of the challenge, but today,
we have made a substantial down | 0:05:15 | 0:05:18 | |
payment. One of the few surprises,
stamp duty will be scrapped for good | 0:05:18 | 0:05:23 | |
for those buying for the past time,
on properties up to the value of | 0:05:23 | 0:05:28 | |
£300,000. But it might only prompt
around 3000 extra buyers come and it | 0:05:28 | 0:05:33 | |
could push prices up. After Tore
concerned joined other parties' | 0:05:33 | 0:05:42 | |
opposition, the Chancellor promised
to smooth the sharp edges of | 0:05:42 | 0:05:46 | |
Universal Credit. Universal Credit
delivers a welfare system where work | 0:05:46 | 0:05:50 | |
always pays and people are supported
to earn. But I recognise, Mr Deputy | 0:05:50 | 0:05:56 | |
Speaker, the genuine concerns on
both sides of the House about the | 0:05:56 | 0:06:00 | |
operational delivery of this
benefit. The controversial benefit | 0:06:00 | 0:06:06 | |
won't be posed, but families would
have to wait so long to receive the | 0:06:06 | 0:06:09 | |
payment when they first plane. And
they will be able to stay on housing | 0:06:09 | 0:06:14 | |
benefit for longer. That's not will
not be paused. There was no extra | 0:06:14 | 0:06:20 | |
money for care for the elderly. The
health service in England, though, | 0:06:20 | 0:06:24 | |
will get an extra £2.8 billion in
the next couple of years, far less | 0:06:24 | 0:06:28 | |
than its bosses say it needs. But
the Government will find more money | 0:06:28 | 0:06:33 | |
to give nurses pay rise next year.
With no obvious clangers so far from | 0:06:33 | 0:06:38 | |
the Chancellor, the Government hopes
this can steady Tory nerves. We are | 0:06:38 | 0:06:43 | |
at a turning point in our history,
and we resolve to look forwards, not | 0:06:43 | 0:06:50 | |
backwards, to seize the
opportunities ahead of us, and | 0:06:50 | 0:06:52 | |
together, to build a Britain fit for
the future. I commend this statement | 0:06:52 | 0:06:57 | |
to the House. A sigh of relief from
the Chancellor, but obvious anger | 0:06:57 | 0:07:05 | |
from the Labour leader. Not enough
to change much, he claimed, and not | 0:07:05 | 0:07:10 | |
enough for millions in need.
Economic growth has been revised | 0:07:10 | 0:07:15 | |
down, productivity growth has been
revised down, business investment | 0:07:15 | 0:07:20 | |
revised down. People's wages and
living standards revised down. What | 0:07:20 | 0:07:26 | |
sort of strong economy is that? What
sort of fit for the future is that? | 0:07:26 | 0:07:33 | |
They call this a Budget fit for the
future - the reality is, this is a | 0:07:33 | 0:07:39 | |
Government no longer fit for office.
Remember the Government barely has a | 0:07:39 | 0:07:45 | |
majority when it needs it, so
opposition parties can make life | 0:07:45 | 0:07:50 | |
extremely hard. He is deluded. When
you look at the OBR book, the fiscal | 0:07:50 | 0:07:56 | |
stimulus from this is 0.1%. It is
nothing. Living standards will be | 0:07:56 | 0:08:00 | |
severely curtailed. We have a severe
squeeze continuing in public | 0:08:00 | 0:08:04 | |
services. Economic growth
downgraded, this meant investment | 0:08:04 | 0:08:09 | |
and productivity downgraded as a
result of this Budget, meaning a | 0:08:09 | 0:08:12 | |
further squeeze on wages and living
standards. A squeeze which will hang | 0:08:12 | 0:08:23 | |
over companies and families around
the country, a backdrop that the | 0:08:23 | 0:08:25 | |
Government at Westminster will find
hard to escape. Laura Kuenssberg, | 0:08:25 | 0:08:27 | |
BBC News, Westminster. | 0:08:27 | 0:08:28 | |
The Government's goal of balancing
the Budget is looking | 0:08:28 | 0:08:31 | |
increasingly remote. | 0:08:31 | 0:08:32 | |
The previous Conservative
Chancellor, George Osborne, | 0:08:32 | 0:08:33 | |
had pledged to eliminate the deficit
- the difference between | 0:08:33 | 0:08:36 | |
what the Government earns
and what it spends - | 0:08:36 | 0:08:38 | |
to zero by 2015. | 0:08:38 | 0:08:39 | |
Then it was kicked back to 2025. | 0:08:39 | 0:08:40 | |
Now, even that is in doubt. | 0:08:40 | 0:08:42 | |
The Budget has revealed that
borrowing over the next five | 0:08:42 | 0:08:44 | |
years will, on average,
be higher than previously forecast. | 0:08:44 | 0:08:47 | |
Andy Verity is here to talk us
through the numbers. | 0:08:47 | 0:08:49 | |
Andy: | 0:08:49 | 0:08:51 | |
It wasn't really Philip Hammond
who had the biggest | 0:08:51 | 0:08:53 | |
influence on this Budget. | 0:08:53 | 0:08:55 | |
It was Robert Chote -
the man who makes the official | 0:08:55 | 0:08:58 | |
predictions about how quickly
the economy will grow. | 0:08:58 | 0:09:00 | |
Before the financial crash each
worker would produce about 2% more | 0:09:00 | 0:09:03 | |
than they did the year before. | 0:09:03 | 0:09:05 | |
For years, Mr Chote expected that
growth in productivity | 0:09:05 | 0:09:07 | |
to return, but it didn't. | 0:09:07 | 0:09:12 | |
Now he's been forced to admit it's
not going to happen. | 0:09:12 | 0:09:17 | |
The basic judgment we have to make
about productivity is what weight do | 0:09:17 | 0:09:20 | |
you put on this unusually weak
period that we've seen | 0:09:20 | 0:09:23 | |
since the financial crisis,
and a much stronger period | 0:09:23 | 0:09:28 | |
of performance for
decades before that? | 0:09:28 | 0:09:29 | |
Economists really don't know
what the explanation | 0:09:29 | 0:09:31 | |
for the weak period is. | 0:09:31 | 0:09:33 | |
There's a whole variety of things
that could have been | 0:09:33 | 0:09:35 | |
contributing over time. | 0:09:35 | 0:09:36 | |
Very low interest rates,
weak investment, problems | 0:09:36 | 0:09:39 | |
in the financial sector,
maybe the output of the economy | 0:09:39 | 0:09:41 | |
is being under-measured. | 0:09:41 | 0:09:44 | |
But we basically had to take
an overall judgment, | 0:09:44 | 0:09:47 | |
and we've been more pessimistic
than we were back in March. | 0:09:47 | 0:09:53 | |
Here is the scale of the damage that
weak productivity is expected to do | 0:09:53 | 0:09:57 | |
to the growth of the economy,
meaning all the goods and services | 0:09:57 | 0:10:00 | |
we produce. In the spring, the OBR
thought we would grow by 2% this | 0:10:00 | 0:10:05 | |
year, and then slow down before
speeding back up in five years. Here | 0:10:05 | 0:10:10 | |
is the new, realistic forecasts an
average growth of just 1.4% per | 0:10:10 | 0:10:15 | |
year, a slowdown that won't go away. | 0:10:15 | 0:10:17 | |
Well, I think if the projections
are correct, that would mean that | 0:10:17 | 0:10:20 | |
we'll see a very slight slowdown. | 0:10:20 | 0:10:22 | |
We're growing at about
1.5 to 1.7% now. | 0:10:22 | 0:10:25 | |
The slowdown would be
down to 1.4, 1.3%. | 0:10:25 | 0:10:29 | |
But, quite frankly, that's
within the margin of error | 0:10:29 | 0:10:31 | |
of any economic forecasts,
so I think it's | 0:10:31 | 0:10:33 | |
a sobering projection. | 0:10:33 | 0:10:39 | |
Now, if the economy is growing more
slowly, the income tax and VAT | 0:10:39 | 0:10:43 | |
doesn't rolling as fast, so the
Chancellor has to borrow more to | 0:10:43 | 0:10:47 | |
plug the gap between income and
spending. Here is what he was | 0:10:47 | 0:10:50 | |
forecast to have to borrow back in
March. Now, he won't have to borrow | 0:10:50 | 0:10:54 | |
as much in the short term because
the economy has done better than | 0:10:54 | 0:10:58 | |
expected since the Brexit bug, but
in five years, he will be borrowing | 0:10:58 | 0:11:02 | |
a lot more. In spite of that, the
Chancellor chose to spend more. Take | 0:11:02 | 0:11:11 | |
next year, when he will spend an
extra £1.5 billion preparing for | 0:11:11 | 0:11:13 | |
Brexit. He will miss out on £800
million by freezing fuel duty. It is | 0:11:13 | 0:11:19 | |
a net giveaway of more than £6
billion. | 0:11:19 | 0:11:23 | |
It's looking increasingly unlikely
that we're going to get balanced | 0:11:23 | 0:11:26 | |
books even by the mid-2020s. | 0:11:26 | 0:11:27 | |
The point at which we're supposed
to have got to balance | 0:11:27 | 0:11:29 | |
has been pushed back,
and back, and back. | 0:11:29 | 0:11:31 | |
And actually, just to get
there in the mid-2020s, | 0:11:31 | 0:11:34 | |
we'd have to have another
round of spending cuts | 0:11:34 | 0:11:36 | |
over the early 2020s. | 0:11:36 | 0:11:37 | |
Given how hard it's been to get
where we are, I think that's | 0:11:37 | 0:11:40 | |
going to be pretty tough. | 0:11:40 | 0:11:46 | |
Underlying all the Treasury's
numbers are assumptions - that we'll | 0:11:46 | 0:11:51 | |
leave the EU in March 2019, that
immigration will be cut, that | 0:11:51 | 0:11:55 | |
imports and exports went grow as
fast. And each of those assumptions | 0:11:55 | 0:11:58 | |
is deeply uncertain. Andy Verite,
BBC News. | 0:11:58 | 0:12:05 | |
In terms of the housing crisis,
the Government has pledged to build | 0:12:05 | 0:12:08 | |
an average of 300,000 new homes
a year, but not until the middle | 0:12:08 | 0:12:11 | |
of the next decade. | 0:12:11 | 0:12:12 | |
Stamp duty in England,
Wales and Northern Ireland is to be | 0:12:12 | 0:12:15 | |
abolished immediately for first-time
buyers on properties worth up | 0:12:15 | 0:12:17 | |
to £300,000, more in London. | 0:12:17 | 0:12:18 | |
Our Home editor
Mark Easton has more. | 0:12:18 | 0:12:25 | |
It was billed as a watershed Budget
that would fix the broken housing | 0:12:25 | 0:12:28 | |
market. So, we've come to a new
development in Newbury in West | 0:12:28 | 0:12:33 | |
Berkshire. Today, we set out an
ambitious plan... Watching the | 0:12:33 | 0:12:39 | |
Chancellor in a show house, we have
house-hunters in the bedroom, a | 0:12:39 | 0:12:42 | |
worried resident in the kitchen,.
The first measure was the abolition | 0:12:42 | 0:12:52 | |
of stamp duty on houses up to
£300,000 | 0:12:52 | 0:12:57 | |
of stamp duty on houses up to
£300,000. The average price here is | 0:12:57 | 0:13:01 | |
£356,000. Has the Chancellor put a
smile on the faces of Charlie and | 0:13:01 | 0:13:06 | |
Sophie who have a baby coming and
need somewhere to start the family? | 0:13:06 | 0:13:09 | |
It looks like the stamp duty will
save us money, but I am worried it | 0:13:09 | 0:13:14 | |
will put house prices further up.
That is the main issue the people | 0:13:14 | 0:13:19 | |
like us. Prices are so high that we
can't afford to save a deposit. The | 0:13:19 | 0:13:23 | |
offers the Budget responsibility
want a night the stamp duty change | 0:13:23 | 0:13:25 | |
will only lead to an extra
3501st-time buyer purchases. The | 0:13:25 | 0:13:30 | |
Chancellor said today he wants
300,000 new homes built in England | 0:13:30 | 0:13:35 | |
every year. The last time 300,000
homes were built in a year in | 0:13:35 | 0:13:42 | |
England was back in 1969, when
councils and housing associations | 0:13:42 | 0:13:46 | |
built almost half of them. What was
your takeaway from the Budget? Is | 0:13:46 | 0:13:51 | |
the devil is in the detail. The main
ones are around employment training, | 0:13:51 | 0:13:56 | |
so we have people to build a new
homes, and Universal Credit changes | 0:13:56 | 0:14:00 | |
to support our residents to pay
their rent. Just up the road is the | 0:14:00 | 0:14:04 | |
other side of the housing story,
appropriately the inspiration for | 0:14:04 | 0:14:09 | |
the book Watership Down, these
fields had been due to become 2000 | 0:14:09 | 0:14:13 | |
desperately needed homes, but after
local protests and rows over | 0:14:13 | 0:14:17 | |
infrastructure, the council has
pulled the plans. How do those | 0:14:17 | 0:14:21 | |
worried about new development view
this Budget? We welcome the | 0:14:21 | 0:14:27 | |
protection of green belt, the
emphasis on Brownfield development, | 0:14:27 | 0:14:31 | |
high-density housing for towns and
cities, but we worry about the | 0:14:31 | 0:14:35 | |
300,000 target as the pressure goes
on councils to push forward | 0:14:35 | 0:14:39 | |
unsuitable schemes. Is the prime
minister says fixing a broken | 0:14:39 | 0:14:44 | |
housing market is her mission, so in
this rich corner of the Home | 0:14:44 | 0:14:47 | |
Counties, how many children are
homeless tonight? The answer? 87. | 0:14:47 | 0:14:52 | |
More money has been promised
for the health service, | 0:14:52 | 0:14:54 | |
nearly £3 billion over three years
for the NHS in England, | 0:14:54 | 0:14:57 | |
and £350 million immediately
to address pressures this winter. | 0:14:57 | 0:15:02 | |
But NHS England's medical director,
Sir Bruce Keogh, says | 0:15:02 | 0:15:04 | |
the money isn't enough,
and longer waits for | 0:15:04 | 0:15:06 | |
patients seem unavoidable. | 0:15:06 | 0:15:11 | |
Our health editor Hugh Pym has more. | 0:15:11 | 0:15:14 | |
The neonatal intensive care unit
at Birmingham Women's Hospital. | 0:15:14 | 0:15:17 | |
Here, they have a clear view
of what future generations | 0:15:17 | 0:15:19 | |
will need from the NHS. | 0:15:19 | 0:15:21 | |
The chief executive says
the Chancellor's new funding falls | 0:15:21 | 0:15:23 | |
short of what is required. | 0:15:23 | 0:15:26 | |
I feel quite sad about
it, if I'm honest. | 0:15:26 | 0:15:28 | |
I was really looking
for the Government to make | 0:15:28 | 0:15:30 | |
a commitment to what the NHS needs
in the long term. | 0:15:30 | 0:15:33 | |
She told me the money
for this winter has come too late. | 0:15:33 | 0:15:37 | |
It's very difficult to think
what we can do now. | 0:15:37 | 0:15:44 | |
The only thing we could
really try is to get | 0:15:44 | 0:15:54 | |
locum staff or to pay
existing staff overtime, | 0:15:54 | 0:15:56 | |
but it's the same pool
that we are asking to do | 0:15:56 | 0:15:58 | |
extra work all the time. | 0:15:58 | 0:16:00 | |
NHS England had called
for a major fudging increase. | 0:16:00 | 0:16:02 | |
The Budget deal falls short of that. | 0:16:02 | 0:16:03 | |
Health commentators said it was
a step in the right direction. | 0:16:03 | 0:16:06 | |
It's less than we need,
but it's more than we expected. | 0:16:06 | 0:16:09 | |
There are huge challenges
are lie on the front line, | 0:16:09 | 0:16:11 | |
not just for acute hospitals
but also for mental health, | 0:16:11 | 0:16:14 | |
community and ambulance services. | 0:16:14 | 0:16:15 | |
NHS employers say the Government's
pay cap policy has made it | 0:16:15 | 0:16:17 | |
increasingly difficult to recruit
and retain staff. | 0:16:17 | 0:16:19 | |
Significantly, today,
the Chancellor said he would find | 0:16:19 | 0:16:21 | |
the extra money to cover any wage
increase recommended | 0:16:21 | 0:16:23 | |
by the independent pay review body. | 0:16:23 | 0:16:24 | |
These nurses told me
they had something to look | 0:16:24 | 0:16:27 | |
forward to after many years
of pay restraint. | 0:16:27 | 0:16:30 | |
It's massive, financially. | 0:16:30 | 0:16:33 | |
We struggle every month. | 0:16:33 | 0:16:36 | |
Every month, you're
in your overdraft. | 0:16:36 | 0:16:45 | |
There is not very many
nurses have a savings fund | 0:16:45 | 0:16:47 | |
and things like that. | 0:16:47 | 0:16:48 | |
It's very positive, but I just worry
that it still leaves some | 0:16:48 | 0:16:51 | |
uncertainty about what it means
for the future, how much | 0:16:51 | 0:16:53 | |
the pay rise will be. | 0:16:53 | 0:16:55 | |
The trust running this hospital has
got new Budget funding | 0:16:55 | 0:16:57 | |
to expand its A&E unit,
but a senior NHS England official | 0:16:57 | 0:17:00 | |
has said the Chancellor hasn't
plugged all the funding gaps. | 0:17:00 | 0:17:02 | |
Longer waiting times for care
are now unavoidable, | 0:17:02 | 0:17:04 | |
which is worrying. | 0:17:04 | 0:17:05 | |
Hugh Pym, BBC News, Birmingham. | 0:17:05 | 0:17:12 | |
Some of the other measures
announced in today's budget | 0:17:12 | 0:17:14 | |
are that the personal tax-free
allowance will rise to £11,850. | 0:17:14 | 0:17:18 | |
And for higher rate tax payers,
the threshold is lifted to £46,350. | 0:17:18 | 0:17:24 | |
Duty on beer, wine, spirits and most
ciders will be frozen- | 0:17:24 | 0:17:28 | |
but duty on high strength ciders
will go up. | 0:17:28 | 0:17:30 | |
Duty on tobacco will rise
by 2% above inflation. | 0:17:30 | 0:17:34 | |
But car tax for all but the cleanest
diesel cars will go up | 0:17:34 | 0:17:37 | |
a band from April, but no
increase for vans. | 0:17:37 | 0:17:40 | |
And there was good news
for small businesses - | 0:17:40 | 0:17:43 | |
the threshold for small businesses
to pay VAT is being kept at £85,000. | 0:17:43 | 0:17:47 | |
Let's talk to our political editor,
Laura Kuenssberg, at Westminster. | 0:17:47 | 0:17:50 | |
There was so much build up to this
Budget, talk of rows | 0:17:50 | 0:17:53 | |
between Number 10 and 11,
dark mutterings about whether it | 0:17:53 | 0:17:55 | |
might cost the Chancellor his job -
so, has he managed to pull it off? | 0:17:55 | 0:18:01 | |
I think if anybody was hoping for
something dramatic, huge moves in | 0:18:01 | 0:18:06 | |
this Budget, they would have been
disappointed. It wasn't the kind of | 0:18:06 | 0:18:10 | |
radical reboot some Tory MPs wanted.
It wasn't the kind of Budget that | 0:18:10 | 0:18:14 | |
will go down in history as the kind
that could change the fortunes of | 0:18:14 | 0:18:17 | |
the government overnight, whether
being a triumph or disaster. Frankly | 0:18:17 | 0:18:23 | |
after the last six months of
turmoil, the real aim for number 11 | 0:18:23 | 0:18:29 | |
and Number 10 today was to get
through the day without accident. A | 0:18:29 | 0:18:34 | |
quiet day these days for the Tory
party is in some ways a good day. | 0:18:34 | 0:18:40 | |
There is, however, a really big
important but to all of that. The | 0:18:40 | 0:18:44 | |
economic predictions are worse, much
worse than people had expected. That | 0:18:44 | 0:18:49 | |
means if they turn out to be
correct, that for another five-year | 0:18:49 | 0:18:52 | |
is families and firms around the
country will be feeling the squeeze. | 0:18:52 | 0:18:58 | |
The country is expected to be
significantly less well off than | 0:18:58 | 0:19:04 | |
previous forecasts suggested. Those
numbers can prove to be wrong. They | 0:19:04 | 0:19:07 | |
often do turn out to be very
different. But, voters tend to | 0:19:07 | 0:19:14 | |
punish governments and political
parties who preside over a period | 0:19:14 | 0:19:18 | |
where they feel they are feeling the
pinch. However the individual | 0:19:18 | 0:19:23 | |
measures that Philip Hammond put
forward today proceed, that backdrop | 0:19:23 | 0:19:29 | |
is something the government can't
escape. Thank you. | 0:19:29 | 0:19:34 | |
And you can see whether today's
budget means you'll be | 0:19:34 | 0:19:36 | |
better or worse off,
by going to our budget calculator. | 0:19:36 | 0:19:39 | |
Just go to bbc.co.uk/budget
and follow the links. | 0:19:39 | 0:19:41 | |
Let's take a look at
today's other news now. | 0:19:41 | 0:19:43 | |
And the former Bosnian Serb Army
commander Ratko Mladic has been | 0:19:43 | 0:19:45 | |
found guilty of genocide and crimes
against humanity during the Bosnian | 0:19:45 | 0:19:48 | |
war more than 20 years ago. | 0:19:48 | 0:19:53 | |
Amongst a number of charges,
he was judged to have significantly | 0:19:53 | 0:19:56 | |
contributed to the the worst
atrocity in Europe since the second | 0:19:56 | 0:19:58 | |
world war, when 7000 Muslim men
and boys were massacred. | 0:19:58 | 0:20:07 | |
-- 8000. | 0:20:07 | 0:20:08 | |
From The Hague,
Allan Little reports. | 0:20:08 | 0:20:10 | |
Mr Mladic, sit. | 0:20:10 | 0:20:11 | |
It has been the most emotionally
charged of all the trials | 0:20:11 | 0:20:14 | |
this court has heard. | 0:20:14 | 0:20:15 | |
Mr Mladic, if you... | 0:20:15 | 0:20:16 | |
Mladic demanded a halt
to the hearing because of his | 0:20:16 | 0:20:18 | |
high blood pressure. | 0:20:18 | 0:20:19 | |
When the judge refused, Mladic
was led out yelling obscenities. | 0:20:19 | 0:20:23 | |
Curtains down, Mr Mladic will be
removed from the courtroom. | 0:20:23 | 0:20:26 | |
SHOUTING. | 0:20:26 | 0:20:30 | |
In his absence,
the judge carried on. | 0:20:30 | 0:20:32 | |
The crimes committed rank among
the most heinous known to humankind, | 0:20:32 | 0:20:36 | |
and include genocide
and extermination as | 0:20:36 | 0:20:42 | |
a crime against humanity. | 0:20:42 | 0:20:48 | |
Mladic committed genocide
at Srebrenica in 1995. | 0:20:48 | 0:20:51 | |
There, his men rounded up or hunted
down 8000 men and boys, | 0:20:51 | 0:20:55 | |
some as young as 12,
and murdered them. | 0:20:55 | 0:20:58 | |
EXPLOSION. | 0:20:58 | 0:21:01 | |
The sniping and bombardment
of the capital Sarajevo | 0:21:01 | 0:21:03 | |
was designed to terrorise
the civilian population. | 0:21:03 | 0:21:08 | |
A member of the SRK shot
a Bosnian Muslim woman walking | 0:21:08 | 0:21:11 | |
on the street with her children. | 0:21:11 | 0:21:17 | |
He's talking about the woman
in the white coat. | 0:21:17 | 0:21:19 | |
Her name is Djenana Sokolovic. | 0:21:19 | 0:21:21 | |
The bullet passed through her
abdomen and hit her seven-year-old | 0:21:21 | 0:21:24 | |
son in the head, killing him. | 0:21:24 | 0:21:29 | |
Last year I went to see her. | 0:21:29 | 0:21:31 | |
She told me why she'd gone
to The Hague to give evidence. | 0:21:31 | 0:21:37 | |
TRANSLATION: It meant a lot to me. | 0:21:37 | 0:21:39 | |
I went for the sake of my child. | 0:21:39 | 0:21:43 | |
I know that nothing will bring him
back, but I would go again | 0:21:43 | 0:21:46 | |
tomorrow if they asked me. | 0:21:46 | 0:21:51 | |
I can't tell you how important
it was for me to testify. | 0:21:51 | 0:21:56 | |
Across Bosnia, Mladic's forces drove
hundreds of thousands | 0:21:56 | 0:21:58 | |
of non-Serbs from their homes. | 0:21:58 | 0:22:01 | |
Thousands of men were held
in detention camps, | 0:22:01 | 0:22:03 | |
where hundreds died. | 0:22:03 | 0:22:05 | |
For this, Mladic was convicted
of murder, extermination | 0:22:05 | 0:22:07 | |
and forced deportation. | 0:22:07 | 0:22:11 | |
This is Fikret Alic in 1992. | 0:22:11 | 0:22:13 | |
Today, he welcomed the verdict. | 0:22:13 | 0:22:17 | |
TRANSLATION: This should send
a signal across the world, | 0:22:17 | 0:22:19 | |
that in future war criminals
will be punished. | 0:22:19 | 0:22:21 | |
There will be justice. | 0:22:21 | 0:22:25 | |
Ratko Mladic was not the architect
of ethnic cleansing, | 0:22:25 | 0:22:27 | |
but he was its ruthless enforcer. | 0:22:27 | 0:22:30 | |
He didn't just fight a war,
he carried out a huge and violent | 0:22:30 | 0:22:33 | |
criminal enterprise. | 0:22:33 | 0:22:35 | |
Allan Little, BBC News, The Hague. | 0:22:35 | 0:22:39 | |
The former vice-president
of Zimbabwe, Emmerson Mnangagwa, | 0:22:39 | 0:22:42 | |
has returned to the country,
two days before he's due to be sworn | 0:22:42 | 0:22:45 | |
in as its new leader. | 0:22:45 | 0:22:46 | |
He's been in South Africa since
he was sacked by Robert Mugabe, | 0:22:46 | 0:22:49 | |
a move which triggered a military
takeover, culminating in Mr Mugabe's | 0:22:49 | 0:22:52 | |
resignation yesterday. | 0:22:52 | 0:22:54 | |
Here's our Africa
Editor, Fergal Keane. | 0:22:54 | 0:23:03 | |
The Crocodile is coming. | 0:23:03 | 0:23:05 | |
All day they waited
for Emmerson Mnangagwa, | 0:23:05 | 0:23:08 | |
he of the legendary ruthlessness,
reinvented now as an | 0:23:08 | 0:23:10 | |
apostle of liberty. | 0:23:10 | 0:23:15 | |
They were the happy and the hopeful. | 0:23:15 | 0:23:17 | |
This MP was cast out
by Robert Mugabe. | 0:23:17 | 0:23:20 | |
Now his faction is triumphant. | 0:23:20 | 0:23:22 | |
The country is pleased. | 0:23:22 | 0:23:23 | |
It's all about the people. | 0:23:23 | 0:23:24 | |
If the people are happy, I'm happy. | 0:23:24 | 0:23:26 | |
We did this for the people. | 0:23:26 | 0:23:27 | |
The people did this. | 0:23:27 | 0:23:29 | |
But there were reminders
of Mr Emmerson Mnangagwa's | 0:23:29 | 0:23:31 | |
more sinister legacy. | 0:23:31 | 0:23:34 | |
This is the air marshal
Perence Shiri, who led the notorious | 0:23:34 | 0:23:36 | |
Fifth Brigade during massacres
in Matabeleland soon | 0:23:36 | 0:23:38 | |
after independence. | 0:23:38 | 0:23:39 | |
How do you feel today,
General Shiri? | 0:23:39 | 0:23:41 | |
I don't know. | 0:23:41 | 0:23:43 | |
Have you anything to say? | 0:23:43 | 0:23:44 | |
Are you happy? | 0:23:44 | 0:23:48 | |
He's a close ally
of the new president. | 0:23:48 | 0:23:50 | |
What is very clear to me
is that this is a welcoming party | 0:23:50 | 0:23:53 | |
not made up of old Zimbabweans
but very much hard-core | 0:23:53 | 0:23:56 | |
ruling party supporters. | 0:23:56 | 0:23:57 | |
They celebrate together,
but the ruling party | 0:23:57 | 0:23:59 | |
is no longer a monolith. | 0:23:59 | 0:24:04 | |
There are factions within factions,
and loyalty to the new leader | 0:24:04 | 0:24:06 | |
will be dependent on him delivering
change. | 0:24:06 | 0:24:11 | |
Now, let me ask you, if this
president doesn't meet your needs, | 0:24:11 | 0:24:14 | |
will you challenge him? | 0:24:14 | 0:24:16 | |
Everyone now is very awake. | 0:24:16 | 0:24:19 | |
If he doesn't do what we want,
we're going to take him down again. | 0:24:19 | 0:24:22 | |
We are not scared. | 0:24:22 | 0:24:24 | |
You're telling me this at the party
headquarters of Zanu-PF, | 0:24:24 | 0:24:29 | |
so that is a real sign of change
for this country. | 0:24:29 | 0:24:31 | |
Yes! | 0:24:31 | 0:24:32 | |
Everyone is now very, very awake. | 0:24:32 | 0:24:34 | |
These are days of questions. | 0:24:34 | 0:24:40 | |
Where are the deposed
Robert Mugabe and his wife Grace? | 0:24:40 | 0:24:42 | |
The military isn't saying. | 0:24:42 | 0:24:43 | |
Will the new leader
bring the opposition | 0:24:43 | 0:24:45 | |
into a unity Government? | 0:24:45 | 0:24:46 | |
One leading activist told me
the international community now had | 0:24:46 | 0:24:48 | |
to engage with Zimbabwe. | 0:24:48 | 0:24:51 | |
Well, we expect the international
community to be our underwriters | 0:24:51 | 0:24:57 | |
and guarantors, to be making sure
that there is the holding | 0:24:57 | 0:25:00 | |
of credible, legitimate,
free and fair elections. | 0:25:00 | 0:25:05 | |
Within the last hour,
he arrived at his party | 0:25:05 | 0:25:07 | |
headquarters, and promised to be
the people's servant. | 0:25:07 | 0:25:12 | |
We want to grow our economy. | 0:25:12 | 0:25:14 | |
Yes! | 0:25:14 | 0:25:15 | |
We want peace in our country. | 0:25:15 | 0:25:17 | |
Yes! | 0:25:17 | 0:25:18 | |
We want jobs, jobs, jobs. | 0:25:18 | 0:25:24 | |
The task is huge and
the expectations are great. | 0:25:24 | 0:25:28 | |
Fergal Keane, BBC News, Harare. | 0:25:28 | 0:25:33 | |
Let's return to our main story this
evening, and the Chancellor has | 0:25:33 | 0:25:36 | |
delivered his budget. | 0:25:36 | 0:25:37 | |
He gave a sobering assessment
of the economy with lower | 0:25:37 | 0:25:39 | |
than expected growth,
but promised more money for the NHS | 0:25:39 | 0:25:41 | |
and help with stamp duty
for first time buyers. | 0:25:41 | 0:25:44 | |
Let's speak to our economics editor
Kamal Ahmed who's in Downing Street. | 0:25:44 | 0:25:47 | |
Are people going to feel worse
or better off after this budget? | 0:25:47 | 0:25:54 | |
I think not much change. Actually
the Chancellor didn't do very much | 0:25:54 | 0:26:02 | |
on personal taxes, so that squeeze
so many people have been suffering | 0:26:02 | 0:26:07 | |
this year will continue. As you
suggest, the big story from the | 0:26:07 | 0:26:12 | |
Budget today was that growth
downgrade. This is the first time a | 0:26:12 | 0:26:17 | |
five-year forecast for growth has
been below 2% since the 1980s. To | 0:26:17 | 0:26:23 | |
cover that issue, the Chancellor
said he's going to borrow a lot | 0:26:23 | 0:26:27 | |
more. It seems the economic and
political pressure he's under, he's | 0:26:27 | 0:26:31 | |
decided to act now. The big question
for the Chancellor is this. If the | 0:26:31 | 0:26:36 | |
economy takes a further turn for the
worst, what of those Brexit | 0:26:36 | 0:26:40 | |
negotiations don't go as positively
as some expect, will the Chancellor | 0:26:40 | 0:26:44 | |
have more money in the kitty, that
header hit carefully saved up to | 0:26:44 | 0:26:52 | |
spend in later years? Would he have
more money to spend? After today's | 0:26:52 | 0:26:57 | |
events, that is the big question the
Treasury will have to answer. Thank | 0:26:57 | 0:27:01 | |
you. | 0:27:01 | 0:27:04 | |
Time for a look at the weather. | 0:27:04 | 0:27:05 | |
Here's Lucy Martin. | 0:27:05 | 0:27:06 | |
Here's Lucy Martin. | 0:27:06 | 0:27:09 | |
Good evening. Some wet and windy
weather today. This photos sent in | 0:27:09 | 0:27:14 | |
by a Weather Watcher in Cumbria.
Some localised flooding where the | 0:27:14 | 0:27:18 | |
rain was heavy. There have been some
blue skies. The best of the | 0:27:18 | 0:27:22 | |
brightness in the south-east. This
photos sent in by our Weather | 0:27:22 | 0:27:25 | |
Watcher. This is what is going on in
the pressure charts. This area of | 0:27:25 | 0:27:32 | |
low pressure working in drawing
colder air into the north, we will | 0:27:32 | 0:27:34 | |
see some snow in parts of northern
Scotland tomorrow morning. Through | 0:27:34 | 0:27:38 | |
tonight before that will stay windy
across England and Wales. Heavy rain | 0:27:38 | 0:27:44 | |
at times moving east. As the rain
meets the cold air in the North it | 0:27:44 | 0:27:47 | |
will turn to snow, even in lower
levels. Temperatures in the south in | 0:27:47 | 0:27:52 | |
double figures but freezing in the
North. It will be slow tomorrow | 0:27:52 | 0:28:01 | |
morning for Central and northern
parts of Scotland. A cold start the | 0:28:01 | 0:28:05 | |
day as well. As we move through the
morning, the snow will move towards | 0:28:05 | 0:28:11 | |
the east. Behind it seeing some
wintry showers following in and some | 0:28:11 | 0:28:15 | |
wintry showers from Northern
Ireland, southern Scotland, northern | 0:28:15 | 0:28:18 | |
England and if you feeding into
Wales. The best of the dry, bright | 0:28:18 | 0:28:22 | |
weather in the south-east. A breezy
day across England and Wales. | 0:28:22 | 0:28:27 | |
Temperatures in the double figures
in the south-east. Highs of 14 | 0:28:27 | 0:28:32 | |
degrees. We are starting to see
temperatures fall from the north. | 0:28:32 | 0:28:36 | |
That's thanks to being in this
colder air mass than we saw at the | 0:28:36 | 0:28:40 | |
beginning of the week. We had milder
air and highs of 17 but by the time | 0:28:40 | 0:28:45 | |
we go into tomorrow we are firmly in
the colder air. Temperatures back | 0:28:45 | 0:28:49 | |
into single figures. A cold start in
the North with a touch of frost. | 0:28:49 | 0:28:53 | |
Wintry showers in the north-west,
largely dry and bright across | 0:28:53 | 0:28:56 | |
England and Wales. | 0:28:56 | 0:28:59 | |
That's all from the BBC News at Six,
so it's goodbye from me, | 0:28:59 | 0:29:02 |